Industry Analysis through 40 Questions (part 2)
Competitors and Competitive Industry Analysis 22. How many competitors in this industry? Analyze your piece of the market, i.e. those with whom you are really competing. But be aware of…

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How to establish a business (part 1)
On the topic of how to establish a business, I already wrote in an article on how to organize your business. But since setting up a business is not the…

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Production of decorative stone as a business idea
We will begin our consideration of this business idea with a short history. The first building material that was used by our ancestors thousands of years ago, and only in…

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factor in business

The most important factor for business success

You want to know a lot of things, to be able to do even more, but if you don’t make a decision, if you are not ready to act, you won’t succeed in any business. Or, if you don’t have a firm determination to follow your personal decision. The main thing is to start and do. And, if you do not decide on this, you will not succeed in business in any way, right?

How does the main factor of business success work?
I am not a psychologist or philosopher, but I’ll try to find out how the very important factor of success in business and in life works, where it comes from and what it is eaten with.

Firstly, you need to understand that it consists of two parts that are completely interdependent from each other: Continue reading

Industry Analysis through 40 Questions (part 1)
Analysis of the industry is not only an important step in opening your own business, but also an important tool for conducting and developing your own business. Indeed, making an…

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How to study the market and why is it needed? (part 1)
First, let's figure out what a market is. I say again, I write about my concepts, which do not have to correspond to textbooks. Therefore, the market for me is…

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How to sell goods well - learn from Amazon
How does Amazon sell products? As I said, we’ll just go point by point along the route that is offered to the visitor on the site. And we will, of…

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How to do a SWOT analysis (part 2)
Step 2. Analysis of the business environment In this step of the SWOT analysis, we must analyze in more detail all of the above factors and understand what they actually…

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